Home address: 5326 Houghton Ave
2021 Taxable Value: $181,964
Recent Sales Price: $95,000 – Over-taxed by 92%
Most home owners who do not appeal annually pay excess property taxes. Most market value protests are successful, typically saving the owner hundreds or thousands of dollars. The lower value stands when appealing market value and unequal appraisal. Appeal both every year. Winning a property tax protest is easy. Getting property owners to appeal is hard. Only 10% of Texan home owners appeal their property taxes.
Property owners are sometimes reluctant to protest their property taxes because the believe the appeal process is difficult. It is not difficult and 60 to 80% of owners who appeal are successful. Mass appraisal models make it impossible for appraisal districts to accurately value most houses. Appraisal districts aggressively settle appeals since they have only 65 days to settle most of the appeals. Protest your property taxes on market value and unequal appraisal by May 15th annually. Protest even if you do not receive a value notice.
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